Colour:The best diamond colour is no colour. The most colourless diamond is a D colour diamond which is the most exceptional white. Diamonds are graded from D through to Z.
The grade designated to a diamond depends on the degree in which the diamond shows a hue of colour and as the colour becomes more intense, the colour grade descends down the colour scale. The hue of colour may be yellow, grey or brown in colour.
The colour in diamonds is usually caused by trace elements such as nitrogen that can be present with the diamond crystals structure.
The differences from colour to colour are very minimal and are generally only detectable under laboratory conditions using a certified diamond colour grading set and white light.
GIA and HRD laboratories examine the colour of a diamond in strict laboratory conditions to accurately assign each diamond with its correct colour grade. A laboratory report from GIA or HRD provides the most accurate colour grade for each and every diamond and helps consumers to be able to more easily compare diamonds.
The following diagram illustrates the GIA colour chart, the colour shade shown in this chart is approximate and for illustration purposes only.
Fluorescence:
Another phenomenon a diamond may display is fluorescence. This refers to the diamonds ability to fluoresce under ultraviolet (UV) light. Diamonds which show fluorescence usually glow a fluorescent blue colour and sometimes yellow or yellow-green.
Fluorescence is graded by GIA by its intensity as - None, Faint, Medium, Strong or Very Strong. Although it is preferable for a high coloured diamond not to fluoresce, a diamond that is lower in colour (below J) can often look better in appearance if it does show some blue fluorescence.
Fancy Colour:
Fancy coloured diamonds are very rare and highly sort after. Fancy coloured diamonds can be found in pink, yellow, blue, red, orange and green. Fancy coloured diamonds are graded for colour on a different colour scale to the 4C?s colour scale. Fancy diamonds with stronger colour intensity are far greater in value than those with pale fancy colour depending on the hue of colour.
Australia?s Argyle Diamond mine in Western Australia has produced some of the finest pink diamonds ever mined and is the largest supplier of diamonds in the world with the mine producing approximately 30 million carats of diamonds each year. More than 90% of the diamonds produced in the Argyle mine are of gem quality and destined for the jewellery industry.